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Thread: Where companies' new tax savings will likely go

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    Where companies' new tax savings will likely go

    Where companies' new tax savings will likely go


    CBS News/AP
    December 19, 2017

    NEW YORK - Big US companies have been piling up cash for years, but they've spent little of it on buying equipment and raising wages and other things to grow the economy. Republicans say they know how to fix this: Give companies even more money by cutting their taxes. "There is more than enough cash for investment," said Daniel Alpert, managing partner at investment bank Westwood Capital. The tax bill is trying "to solve a problem that doesn't exist." Critics say the companies are more likely to use their tax savings to buy back their own stock and send dividend checks to investors than to expand operations. While the stock market has risen on the expectation of higher earnings, the bond market doesn't seem convinced that the plan will accelerate economic growth all that much.

    Here's a look at the ways companies could spend their tax windfall, and the odds they will do so.....

    Raise wages
    Big-ticket spending
    Buying back stock

    For particulars on the above, see article @ top link.
    Related: Here's what America's biggest companies plan to do with all that cash coming back to the US


    • Remember this on November 6th ... Republicans will always elevate corporations above of the best interests of their human constituents •

    • Sometimes you just gotta be desperately lost before you can truly find your way •

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    Re: Where companies' new tax savings will likely go

    "Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
    http://www.wealthandwant.com/

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    Re: Where companies' new tax savings will likely go

    Yeah, just reading that, but then the Trump Acolytes will call it fake news, fake polling, fake something.
    My opinion is they will pay a price in 18. But they still walk away with their pensions, and many in red States will be relected & carry on with the screwing of the people.
    Quote Originally Posted by RAMOSS View Post
    I hope to die in my sleep like my grandfather, not screaming in terror like my grandfather's passengers.

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    Re: Where companies' new tax savings will likely go

    Again...............another hack post regarding corporations, while disregarding the benefits for small businesses
    “It’s easier to run for office than to run the office.”
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    Re: Where companies' new tax savings will likely go

    as companies pay their dividends, where do you think that money goes?

    overseas?

    into the economy?

    into other investments?

    i mean do you really think that the vast majority never sees the light of day?

    we are nearing retirement. my wife and i are counting on the dividends to supplement our social security checks so we can continue our current lifestyle. i wonder how many other people use them basically the same way?

    not just the .1% own stock and get dividends....regular people do too
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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    Re: Where companies' new tax savings will likely go

    Quote Originally Posted by Geoist View Post
    Evening- Way I look at it is pissing on their heads -the lower income levels/middle class.
    IIRC this policy did not work well in the Great Depression. May have worsened it.
    And yes I do believe the world is headed for one hell of a depression.
    Quote Originally Posted by RAMOSS View Post
    I hope to die in my sleep like my grandfather, not screaming in terror like my grandfather's passengers.

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    Re: Where companies' new tax savings will likely go

    Quote Originally Posted by RetiredUSN View Post
    Again...............another hack post regarding corporations, while disregarding the benefits for small businesses
    Bill is back to the House for another vote
    House will have to vote for tax-cut bill again | TheHill
    Quote Originally Posted by RAMOSS View Post
    I hope to die in my sleep like my grandfather, not screaming in terror like my grandfather's passengers.

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    Re: Where companies' new tax savings will likely go

    Quote Originally Posted by JANFU View Post
    Yeah, just reading that, but then the Trump Acolytes will call it fake news, fake polling, fake something.
    My opinion is they will pay a price in 18. But they still walk away with their pensions, and many in red States will be relected & carry on with the screwing of the people.


    And so it has been since 1776. They had no middle class then, they will soon have no again.
    Americans can always be counted on doing the right thing...after they have tried everything else." Winston Churchill.

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    Re: Where companies' new tax savings will likely go

    Quote Originally Posted by Fearandloathing View Post
    And so it has been since 1776. They had no middle class then, they will soon have no again.
    What a mess, and the costs will be borne by the poor/lower incomes.
    Quote Originally Posted by RAMOSS View Post
    I hope to die in my sleep like my grandfather, not screaming in terror like my grandfather's passengers.

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    Re: Where companies' new tax savings will likely go

    Quote Originally Posted by Geoist View Post
    Executives will see hefty pay increases and bonuses. Board members will see hefty increases. They already make more than the average American for attending one meeting per year.

    This added revenue will help the big Corporations to operate at a loss in some segments, which allows them to put the small companies out of business. This is a common practice of large corporations.

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